Tax Advisory Services

• Tax appeals and regulatory inquiries on behalf of clients.

• Business acquisitions and mergers, capital gains tax, and *inheritance tax and gift tax advisory and reporting.

• Pre-tax objections, tax appeals, and Board of Audit and Inspection audit requests.

• Shareholder transfer advisory services for establishing a company’s management succession structure.

• Local tax advisory services, including local tax assessments and tax saving strategies, and inquiries regarding authoritative interpretations in response to local tax audits.

• Merger, division, dissolution, and liquidation support.

• Structuring advisory services for minimizing tax burden for multinational corporations and domestic corporations (shareholding structure, capital structure, profit recovery structure, etc.).

• Foreign tax payment advisory services, real estate project financing (PF) development support.

Sehwa’s Strengths

Navigating through taxes in South Korea can feel overwhelming, but you don’t have to do it alone. Our customized accounting solutions can contribute to the stable management and prosperity for both businesses and individuals. Our diverse experience can help minimize your tax issues, with personalized guidance every step of the way. At Sehwa, we will ensure that your tax preparation will be as smooth and stress-free as possible. *English-speaking assistance now available!

Tax Audit Support, Pre-Tax Audit Prep

Even a single tax issue can be assessed from ten perspectives. We pride ourselves on our extensive experience interpreting laws and regulations for each tax issue raised during tax audits, coupled with our expertise in tax law interpretation, giving us a significant advantage in providing tax audit support.

• Support for various tax issues arising from international transactions of multinational corporations.

• We provide pre-audit preparation support for tax issues, supplement supporting documentation to minimize taxation, and advise on response strategies for tax audits.

• Review of tax adjustment statements for each fiscal year and filing of correction requests. We carefully review tax adjustment statements from previous years to identify overpayments and erroneous tax adjustments. We then file correction requests or provide interpretation services on tax issues, thereby maximizing corporate profits.

Domestic Investment Services for Foreign Corporations

• Analysis and establishment of optimal business models to suit investment and management objectives.

• Analysis of tax exemption and tax reduction applications for foreign-invested companies.

• Tax consulting for various international transactions (royalties, service fees, cost sharing agreements, head office transactions, etc.)

• Office support services and overseas investment support for domestic corporations.

• Corporate establishment and liquidation, business registration issuance and closure, and establishment or closure of domestic branches for foreign corporations.

• Administrative support, including minutes of board meetings, general shareholders’ meetings, and other related regulations.

Transfer Pricing Taxation Support

We have extensive knowledge in conducting various transfer pricing tax audits for multinational corporations.

• We can minimize transfer pricing taxation through a diverse and detailed functional analysis.

• We are able to provide the highest level of specialized services based on extensive experience with the Advance Pricing Agreement (APA) system and the Mutual Agreement Procedure (MAP) for the resolution of international double taxation.

• We give tax advice on international transactions, including software withholding tax.

• Analysis of trademark and technology royalties and documentation to minimize taxation.

• Advice on royalties, service fees, cost burden agreements, and software withholding tax arising from various transactions between overseas affiliates.

• Diagnose domestic and international tax risks related to a company’s overseas operations in response to the introduction of BEPS (Base Erosion & Profit Shifting) Action Plans.

• Transfer pricing analysis for financial transactions, such as payment guarantees, borrowing, and loan interest between multinational companies.

• Permanent establishment taxation support.

• We minimize tax risks not only for physical permanent establishments (PERs) but also for deemed PEs, as well as related corporate tax and value-added tax issues.